Lyft’ss stock price (LYFT) fell in the intraday levels amid negative signals from the RSI after reaching overbought levels, while gathering positive momentum to rise anew, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium term, as the stock trades alongside the secondary short-term trend line.

Therefore we expect the stock to return higher and target the resistance of $22.00, provided it settles firmly above the resistance of $19.40. 

Trend forecast: Likely Bullish 

Lockheed Martin’s stock price (LMT) fell in the intraday levels on profit-taking, while venting off overbought saturation in the RSI, with negative signals coming out of them, while gathering positive momentum to rise anew, amid the dominance of the upward correctional trend in the short term, with positive support from the 50-day SMA.

Therefore we expect the stock to return higher and target the resistance of $466.27, provided the support of $445.00 holds on.

Trend forecast: Likely Bullish 

Fedex Corporation’s stock price (FDX) fell in the intraday levels after the pivotal resistance of 285.50 held on, with the stock collecting profits and gathering momentum to pierce that resistance, while venting off overbought saturation in the RSI, with negative signals out of them, amid the dominance of the main upward trend in the medium term, coupled with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the main resistance of 300.00, provided the initial resistance of 285.50 was reliably pierced. 

Trend forecast: Likely Bullish